Equinix to foray into Chennai, buys land parcel

 It is located in the Siruseri area, which is known as the IT Corridor of Chennai

 It is located in the Siruseri area, which is known as the IT Corridor of Chennai

Equinix, Inc., a digital infrastructure company has announced an investment of over $9 million to acquire a parcel of land in Chennai on a long-term leasehold basis as part of its expansion and growth strategy in India.
 
The parcel of land is located in the State Industries Promotion Corporation of Tamil Nadu Ltd. (SIPCOT) IT Park, providing a total space of more than 5.5 acres.
 It is located in the Siruseri area, which is known as the IT Corridor of Chennai, with large and upcoming IT parks and well-established telecom networks, the company said. 
 
Manoj Paul, Managing Director, Equinix India said, “With the infrastructure status for data centers recently announced by the Indian government, India is well positioned to grow as one of the most important data center hubs in South Asia.”
“ There is a lot of momentum and interest from large global players to establish and expand their footprint in India. Many of our customers are keen to expand beyond Mumbai, and Chennai is often their next requested destination,” he said.
 In 2021, Equinix entered India through the acquisition of two data centres in Mumbai, named MB1 and MB2. 
The two data centres in Mumbai are home to the digital infrastructure of many global organisations and provide a total of 1,350 cabinets, the company said.

For all the latest business News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.